Germany Seeks to Fine Operators of Telegram Messenger App | Business News

BERLIN (AP) — German authorities have launched proceedings against Telegram that could see the messenger app’s operators fined for failing to abide by laws requiring social media sites to police their users’ actions.

German magazine Der Spiegel reported over the weekend that officials believe use of the Telegram app has reached a threshold where it can be treated in the same way as Facebook, Twitter and TikTok when it comes to requiring cooperation with German authorities.

A Justice Ministry spokeswoman confirmed Monday that authorities have written to Telegram’s operators in the United Arab Emirates over its failure to provide a channel for raising complaints and a contact person in Germany.

“The company now has the opportunity to respond,” the spokeswoman, Rabea Boennighausen, told reporters in Berlin.

Der Spiegel reported that the company could face fines of up to 5.5 million euros ($6.7 million) if it doesn’t comply with the requirements.

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Intelligent Office Introduces New Fully Renovated Tysons Corner Business Center | National News

TYSONS CORNER, Va., June 17, 2021 /PRNewswire/ — Intelligent Office, the leader in business services, providing members dedicated offices, conference room rentals, virtual address, phone reception and customer service, and a number of other virtual services, is unveiling a new 20,000 square foot space during its grand re-opening week starting June 21st. Guests are invited for a week-long celebration after months of significant updates and renovations.

The week-long celebration will include VIP events each day, starting with the Vienna Business Association & Reception on June 21st. The following days will consist of: Loudon Chamber on June 22nd, Tower Club & Team Network/Reception on June 23rd, Tysons Corner Chamber/ Private Reception on June 24th, and finally, the Dulles Regional Chamber on June 25th.

Tysons Corner is located on the third floor of the Bank of America building

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Dallas-based Blucora uses investor day to address concerns over its two companies, raises forecast

Dallas-based financial tech company Blucora defended the synergies of its two businesses during its investor day after a proxy fight earlier this year called them into question.

Blucora, which has about 900 employees, with around 80% working in the Cypress Waters development, is divided between two businesses. It has a wealth management division, Avantax Wealth Management and Avantax Planning Partners, with $85 billion in client assets. And it has a tax service business, TaxAct, that had approximately three million consumers and 23,000 professional users last year.

New CEO Chris Walters’ task this year is to prove the two companies work together to create value for investors.

“We’re committed to the two businesses and think they deliver real value,” Walters said in a call after the meeting.

The CEO, who has been at the helm since January 2020, said the company thinks it can grow its assets under management by $2

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The new geopolitics of global business

TWENTY YEARS ago this week the share price of a startup run by an obsessive called Jeff Bezos had slumped by 71% over 12 months. Amazon’s near-death experience was part of the dotcom crash that exposed Silicon Valley’s hubris and, along with the $14bn fraud at Enron, shattered confidence in American business. China, meanwhile, was struggling to privatise its creaking state-owned firms, and there was little sign that it could create a culture of entrepreneurship. Instead the bright hope was in Europe, where a new single currency promised to catalyse a giant business-friendly integrated market.

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Creative destruction often makes predictions look silly, but even by these standards the post-pandemic business world is dramatically different from what you might have expected two decades ago. Tech

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